Big hedge fund dumps Cisco; IBM to pass Microsoft in value; Gears of War 3 special editions coming; NetApp a ‘buy;’ Nortel reports huge loss

Some of the latest high-tech and life science related news from the Triangle, North Carolina, the southeast and the world is just a click away.

• Billionaire hedge fund manager David Tepper of Appaloosa Management dumps Cisco, The Street reports. Read more details here.

• IBM about to pass Microsoft in market cap value, Business Insider says. Read more details here.

• Epic Games plans special editions for “Gears of War 3,” Team Xbox reports. Read more details here.

• NetApp upgraded to buy, reports American Banking News. Read more details here.

• Nortel reports huge loss, according to The Canadian Press. Read more details here.

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